Job Market Doesn't Justify a Rate Increase

The employment picture isn't looking as good as it did when the Fed raised rates in the past.

Not there yet.

Photographer: Laura Buckman

Has the U.S. job market recovered enough for the Federal Reserve to start pulling back on economic stimulus, ending an unprecedented period of near-zero interest rates? Judging from how the Fed has acted in the past, it could wait awhile longer. 

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